If you haven’t noticed, homeowner’s insurance rates continue to rise here in sunny Florida.
“But Bay County hasn’t had a damaging hurricane since 1995”, many people say when they get their insurance renewals. This is true but it also shows that homeowner’s rates are affected by more than hurricanes. Fraud, liability, sinkhole claims and reinsurance are a veritable storm of their own. They affect all insurance policy holders regardless of whether you’ve ever filed a claim.
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